Increase in Profit from the Guarantee Business Segment
First written in FY2021-Q3. 4 of 9 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2023-Q3.
The whole theme swung hardest in 2024: 3 of 20 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The Group had classified the banking business and guarantee business as reportable segments. From the interim consolidated accounting period, however, it has changed its presentation to classify the banking business and credit card business as reportable segments, because the guarantee business was no longer quantitatively material and the credit card business, previously included in “Other,” had become quantitatively material. Segment information for the cumulative third quarter of the previous fiscal year is presented using the revised classification.」
The guarantee business continues not to be presented as a separate reportable segment, while the credit card business is presented as a reportable segment. - FY2023-Q2RestatedAnnual report
「The Group had classified the banking business and guarantee business as reportable segments. From the current interim consolidated accounting period, however, it has changed its presentation to classify the banking business and credit card business as reportable segments, because the guarantee business was no longer quantitatively material and the credit card business, previously included in “Other,” had become quantitatively material.」
The guarantee business continues not to be presented as a separate reportable segment, while the credit card business is presented as a new reportable segment. - FY2023-Q1DroppedAnnual report
「The group had previously reported “Banking” and “Guarantee Business” as reportable segments. From the first quarter of the current consolidated accounting period, the company changed its presentation method to report only “Banking” as a reportable segment because it determined that the Guarantee Business was no longer quantitatively material.」
The guarantee business continues to operate, but it was determined to no longer be quantitatively material, and its segment profit is no longer presented separately in this filing. - FY2022WorsenedAnnual report
「Ordinary revenue from the guarantee business decreased by ¥1,514 million from the previous fiscal year to ¥1,834 million, while segment profit decreased by ¥2,018 million to ¥71 million.」
Segment profit in the guarantee business declined substantially from ¥2,089 million in the previous fiscal year to ¥71 million. - FY2022-Q3WorsenedAnnual report
「Ordinary revenue from the guarantee business decreased by ¥1,311 million year on year to ¥1,370 million, while segment profit decreased by ¥1,552 million and became a loss of ¥1 million.」
In the guarantee business, ordinary revenue declined year on year, and segment profit also changed from a profit of ¥1,553 million in the previous year to a loss of ¥1 million. - FY2022-Q2WorsenedAnnual report
「Ordinary revenue from the guarantee business decreased by ¥1,056 million year on year to ¥935 million, while segment profit decreased by ¥1,191 million to ¥196 million.」
In the guarantee business, ordinary revenue decreased from ¥1,991 million in the previous year to ¥935 million, and segment profit also decreased from ¥1,387 million to ¥196 million. - FY2022-Q1WorsenedAnnual report
「Ordinary revenue from the guarantee business decreased by ¥504 million year on year to ¥519 million, while segment profit decreased by ¥330 million and became a loss of ¥27 million.」
In the guarantee business, ordinary revenue declined, and segment profit also changed from a profit of ¥303 million in the previous year to a loss of ¥27 million. - FY2021AdvancedAnnual report
「Ordinary revenue from the guarantee business decreased by ¥1,667 million from the previous fiscal year to ¥3,348 million, while segment profit increased by ¥1,455 million to ¥2,089 million.」
In the guarantee business, ordinary revenue declined, while segment profit increased from ¥634 million in the previous fiscal year to ¥2,089 million. - FY2021-Q3First statedAnnual report
「Ordinary revenue from the guarantee business decreased by ¥1,103 million year on year to ¥2,681 million, while segment profit increased by ¥902 million to ¥1,551 million.」
For the guarantee business, which is classified as a reportable segment, ordinary revenue declined, while segment profit increased year on year.